"The UK may need to wean itself off its property addiction, but it also needs to sustain confidence in the single asset class that counts for almost two thirds of its wealth"
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"The fact that house prices have been rising quickly over the last year makes the market more vulnerable to external shocks to the economy," says Professor Geoff Meen, as he warns "there are numerous…
House prices are likely to fall by 7% as a result of Covid-19, predicts Oxford Economics - but the risks are "heavily skewed" towards much, much bigger price falls of almost 40%...